v3.26.1
SEGMENT INFORMATION
 3 Months Ended
Feb. 28, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 9 – SEGMENT INFORMATION

 

In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The Company adopted this standard for the fiscal year ended November 30, 2025. The adoption impacted only the Company’s financial statement disclosures and did not affect its financial position, results of operations, or cash flows.

 

The Company operates as a single reportable operating segment. The Company’s Chief Operating Decision Maker (“CODM”) is its Chief Executive Officer, Wen Lung, Wang. The CODM is responsible for assessing performance, making strategic decisions, and allocating resources for the Company as a whole. The Company manages its entire business as one integrated operating segment, focused on the development and operation of mobile applications. This single-segment structure is consistent with how the CODM reviews the business, allocates resources, and assesses financial performance exclusively on a consolidated basis, with no separate segment-level financial information used for decision-making.

 

As a single operating segment, the measure of segment profit or loss reviewed by the CODM is the Company’s consolidated net loss, as reported on the Consolidated Statements of Operations. This is the primary measure used by the CODM to assess the performance of the Company’s single reportable segment and make resource allocation decisions, as it aligns with U.S. Generally Accepted Accounting Principles (“US GAAP”) and reflects the integrated financial performance of the Company as a whole.

 

Pursuant to ASU 2023-07 for single operating segment entities, the significant expense categories regularly provided to the CODM and included in the measurement of consolidated net loss are those presented on the face of the Consolidated Statements of Operations, including Server Rental Expenses, Professional Fees, Amortization Expense, and Other Expense. In addition to these significant expense categories, other segment items that impact consolidated net loss, such as other income, are also regularly reviewed by the CODM to evaluate the overall financial performance of the Company’s single reportable segment.

 

Segment Expense

        
Entity Name  Expense (USD)   % of Total Consolidated Expense 
Mei Sheng Corporation Limited  $190,050    93.52% 
Apex Intelligence LLC   10,950    5.39% 
Ankam LLC   2,220    1.09% 
Consolidated Total  $203,220    100% 

 

Segment Expense Categories

        
Expense Category  Expense (USD)   % of Total Consolidated Expense 
Professional Fees  $150,000    73.81% 
Server Rental Expenses   31,479    15.49% 
Amortization Expense   13,170    6.48% 
Director fee   8,571    4.22% 
Consolidated Total  $203,220    100% 

 

Segment Profit (Loss)

 

The CODM uses consolidated net loss as the key measure to evaluate segment profitability, consistent with the measurement basis described earlier.

        
Entity Name  Loss (USD)   % of Total Consolidated Loss 
Mei Sheng Corporation Limited  $189,948    93.52% 
Apex Intelligence LLC   10,950    5.39% 
Ankam LLC   2,220    1.09% 
Consolidated Total  $203,118    100% 

 

For the fiscal year, consolidated segment net loss was $203,118. No revenue was generated during the quarter.

Segment Assets

 

Segment assets by entity are as follows:

        
Entity Name  Amount (USD)   % of Consolidated
Total Assets		 
Apex Intelligence LLC  $36,500    90.20% 
Ankam LLC   2,171    5.37% 
Mei Sheng Corporation Limited   1,794    4.43% 
Ankam, Inc   –    – 
Consolidated Total  $40,465    100% 

 

Long-lived assets are primarily located in the United States and Hong Kong SAR, China.